BGSIX vs. ^NDX
Compare and contrast key facts about BlackRock Technology Opportunities Institutional (BGSIX) and NASDAQ 100 (^NDX).
BGSIX is managed by Blackrock. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGSIX or ^NDX.
Correlation
The correlation between BGSIX and ^NDX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BGSIX vs. ^NDX - Performance Comparison
Loading data...
Key characteristics
BGSIX:
0.26
^NDX:
0.43
BGSIX:
0.56
^NDX:
0.77
BGSIX:
1.08
^NDX:
1.11
BGSIX:
0.28
^NDX:
0.47
BGSIX:
0.83
^NDX:
1.55
BGSIX:
9.72%
^NDX:
7.02%
BGSIX:
31.63%
^NDX:
25.24%
BGSIX:
-73.48%
^NDX:
-82.90%
BGSIX:
-13.34%
^NDX:
-9.53%
Returns By Period
In the year-to-date period, BGSIX achieves a -6.12% return, which is significantly lower than ^NDX's -4.52% return. Over the past 10 years, BGSIX has underperformed ^NDX with an annualized return of 15.40%, while ^NDX has yielded a comparatively higher 16.36% annualized return.
BGSIX
-6.12%
12.59%
-10.43%
7.64%
10.45%
15.40%
^NDX
-4.52%
9.37%
-5.00%
10.46%
16.68%
16.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BGSIX vs. ^NDX — Risk-Adjusted Performance Rank
BGSIX
^NDX
BGSIX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and NASDAQ 100 (^NDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Drawdowns
BGSIX vs. ^NDX - Drawdown Comparison
The maximum BGSIX drawdown since its inception was -73.48%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for BGSIX and ^NDX. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BGSIX vs. ^NDX - Volatility Comparison
BlackRock Technology Opportunities Institutional (BGSIX) has a higher volatility of 9.09% compared to NASDAQ 100 (^NDX) at 8.19%. This indicates that BGSIX's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...